Historic Restaurant and
For Sale
$295,000
28585 Hwy 70, Bonanza, OR 97623
Historic restaurant and bar offering a natural stone fireplace, stage, and a privately fenced outdoor dining area.
Property Size3,910 SF
Price / SF$75.45
Days on Market2008
Property Features for 28585 Hwy 70
General Information
Standard status
Active
Size
3,910 SF
Property subtype
General Commercial
Additional Details
Business Included
Yes
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$2,692
Amenities
natural stone fireplace
stage
pool table
Oregon Lottery Video Poker and Keno
horseshoe pit
outdoor dining tables
Window/Wall Unit
3
Tile, Vinyl, Concrete
Carbon Monoxide Detector
Asphalt
Parking.
On Street.
0.38999998569488525
Building Details
Year Built
1937
Stories
1
Listing Agency:
Fisher Nicholson Realty, LLC
(541) 884-1717
Listed By:
Dee Leininger · License #200606433
(541) 233-8344
Source:
Xome
Added: Mar 9, 2021
Changed: Sep 2
Last Checked: Sep 6 at 4:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fisher Nicholson Realty, LLC
Investment Insights
Based on property information with market context.
Known as the historical Longhorn Saloon and Restaurant, this property has operated as a local main-street landmark in Bonanza, Oregon since 1937. The layout includes a restaurant and a large dining room featuring a natural stone fireplace and sliding doors that open to the spacious bar area. The bar includes a stage, pool table, Oregon Lottery Video Poker, and Keno. A full modern kitchen sits between the restaurant and dining room.
There is also a privately fenced, shaded outdoor area at the rear with horseshoe pit and dining tables. The property is located on Hwy 70 and is directly across from Big Springs Park, providing a prominent setting.
The offering includes indoor dining and bar amenities with an outdoor entertaining space designed for casual gatherings and meals.
There is also a privately fenced, shaded outdoor area at the rear with horseshoe pit and dining tables. The property is located on Hwy 70 and is directly across from Big Springs Park, providing a prominent setting.
The offering includes indoor dining and bar amenities with an outdoor entertaining space designed for casual gatherings and meals.
Key Highlights
- Historic Longhorn Saloon and Restaurant in Bonanza, OR, operating since 1937
- Main areas include a restaurant plus a large dining room with a natural stone fireplace and sliding doors to the bar
- Bar features include a stage, pool table, Oregon Lottery video poker, and keno
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97623, OR
2,372
Population
1,478
Households
1.6
Avg Household Size
49
Median Age
25%
College-Educated
93%
High-School Grad
356.5 sq mi
ZIP Area
7
Density / Sq Mi
$76,522
Median Household Income
$40,653
Median Earnings
$879
Median Rent
$280,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Historic restaurant and bar offering a natural stone fireplace, stage, and a privately fenced outdoor dining area.
Where is this bar & pub located?
The property is located at 28585 Hwy 70 Bonanza, OR.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Historic Longhorn Saloon and Restaurant in Bonanza, OR, operating since 1937; Main areas include a restaurant plus a large dining room with a natural stone fireplace and sliding doors to the bar; Bar features include a stage, pool table, Oregon Lottery video poker, and keno
